The Morning After: Disgraced FTX founder Sam Bankman-Fried started a newsletter

Sure, it may not sound like the spiciest headline, but Sam Bankman-Fried is in a weird place to be starting a Substack. He’s facing up to 115 years in prison if he’s convicted of federal fraud and conspiracy charges. And yet the embattled founder of collapsed crypto exchange FTX – who pleaded not guilty and is out on a $250 million bond while awaiting trial – figured it’d be a great idea to write about his perspective on the saga in a Substack newsletter.In his first post, about the collapse of FTX International, Bankman-Fried (aka SBF) claims “I didn’t steal funds, and I certainly didn’t stash billions away.” SBF notes that FTX US (which serves customers in America) “remains fully solvent and should be able to return all customers’ funds.” However, he does not mention that FTX co-founder Zixiao "Gary" Wang and former Alameda Research CEO Caroline Ellison pleaded guilty to fraud charges and are cooperating with prosecutors.– Mat SmithThe Morning After isn’t just a newsletter – it’s also a daily podcast. Get our daily audio briefings, Monday through Friday, by subscribing right here.The biggest stories you might have missedApple CEO Tim Cook is taking a 40 percent pay cut in 2023The best projectors you can buy in 2023, plus how to choose oneApple TV and Apple Music apps quietly appear on the Microsoft Store Samsung's Galaxy Watch 5 falls back to an all-time lowIntel’s new desktop processor reaches 6GHz without overclockingAmazon fails to overturn Staten Island warehouse's... Continue reading at 'Engadget'

[ Engadget | 2023-01-13 12:15:24 UTC ]
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Are Book Biz Diversity Efforts Starting to Kick In?

Publishing employees who weighed in on a new 'PW' survey are hoping new initiatives will yield results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-31 05:00:00 UTC ]
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For ‘Gatsby’ fans, 2021 will be the start of remakes. First up: ‘Nick’

Michael Farris Smith’s prequel capitalizes on the copyright expiration of Fitzgerald’s 1925 classic. Continue reading at The Washington Post

[ The Washington Post | 2020-12-29 12:00:00 UTC ]
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Roxane Gay is starting a book club—and you can join.

Some good news to close out the year! Recently, Roxane Gay announced on Twitter that she’s starting a book club, and anyone can participate. The Audacious Book Club will span at least one year, and the reading list for 2021 has already been finalized: Jenna Wortham and Kimberly Drew, Black... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-21 15:31:37 UTC ]
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What supporting female founders of color taught me about funding, partnership, and equity

The founder of IFundWomen of Color lays out the hard-won lessons that helped her get investments and cofounder-level equity. Growing up with an entrepreneur mom meant my weekends looked different. We’d drive from event to event, in churches, convention centers, and community centers, where I... Continue reading at Fast Company

[ Fast Company | 2020-12-02 05:00:17 UTC ]
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5 Indie Bookstores That Started Book Subscriptions or Personalized Care Packages to Survive the Pandemic

A round up of independent bookstore subscription services and care packages created to help these indies survive the pandemic. Continue reading at Book Riot

[ Book Riot | 2020-11-23 11:39:00 UTC ]
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Publishers have room to innovate, says StoryGraph founder

There is plenty of space for companies to innovate, especially around community building and discoverability, The StoryGraph founder Nadia Odunayo has told FutureBook. Continue reading at The Bookseller

[ The Bookseller | 2020-11-20 11:43:27 UTC ]
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Has the Holiday Shopping Surge Started? Book Sales Say Yes

Unit sales of print books increased 18.3% last week, an indication that the early shopping surge that retailers have been hoping for may be taking place. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-20 05:00:00 UTC ]
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Will Donald Trump start his own right-wing news channel?

As Trump and his allies continue their desperate efforts to overturn the election results, there are reports that the soon-to-be former president is planning to launch his own media venture. Mike Allen, of Axios, wrote in his newsletter on Thursday that Trump “has told friends he wants to start... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-11-13 12:41:44 UTC ]
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America Starts Here: On “When the Light of the World Was Subdued, Our Songs Came Through: A Norton Anthology of Native Nations Poetry”

2020 WORKED HARD to be one of the worst years in recent memory, but for readers of Native American literature, this era is proving to be among the most exciting in the history of Indigenous writing, especially for poetry. To wit: Joy Harjo has just begun her second term as poet laureate of the... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2020-11-09 18:00:17 UTC ]
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FutureBook: Not-yet-famous five vie for Start-Up of the Year award

FutureBook celebrates start-ups that are making a unique impact on the book publishing industry. Over the past few years, the judges have rewarded both high-growth start-ups and smaller players transforming the business of books. Previous winners include Reedsy, Kadaxis, Unrd, The Pound Project... Continue reading at The Bookseller

[ The Bookseller | 2020-11-06 02:47:19 UTC ]
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Fry, Bonham Carter and Bailey Smith to narrate Rundell's anthology

Stephen Fry, Ben Bailey Smith and Helena Bonham Carter are to narrate the audio edition of The Book of Hopes: Words and Pictures to Comfort, Inspire and Entertain (Bloomsbury), edited by Katherine Rundell.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-29 19:07:20 UTC ]
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HC pre-empts Ogabi's 'definitive' guide for women starting a business

HarperCollins has pre-empted UK and Commonwealth rights for Side Hustle in Progress: A Practical Guide to Kickstarting Your Business from career and entrepreneurship company founder Elizabeth Ogabi.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-28 19:17:12 UTC ]
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Tom Maschler, Bold British Publisher and Booker Prize Founder, Dies at 87

He fostered the careers of more than a dozen Nobel laureates, including Gabriel García Márquez, Nadine Gordimer and Doris Lessing. Continue reading at The New York Times

[ The New York Times | 2020-10-23 16:26:04 UTC ]
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The editor of Michelle Obama’s Becoming is starting a new publishing company.

It’s always good news when people want to invest in books, so we’re happy to hear that Molly Stern, the former SVP & Publisher of Penguin Random House’s Crown imprint, is starting a new publishing company in partnership with the independent studio SISTER. (Stern was Michelle Obama’s editor,... Continue reading at Literrary Hub

[ Literrary Hub | 2020-10-22 12:01:51 UTC ]
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Michelle Obama’s ‘Becoming’ Editor Starts Her Own Publishing Firm

Molly Stern, the former publisher of Crown, is starting Zando, an independent publishing company with an unusual marketing strategy. Continue reading at The New York Times

[ The New York Times | 2020-10-22 09:00:18 UTC ]
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Lesbian Manga and Yuri Manga: What’s the Difference and Where Should You Start?

What's the difference between lesbian manga and yuri? Here are 14 F/F manga titles and series a new reader should start with. Continue reading at Book Riot

[ Book Riot | 2020-10-19 10:36:00 UTC ]
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Vietnamese Publishing House Co-Founder Arrested Ahead of Frankfurt Appearance

The IPA Prix Voltaire-winning author and former spokesperson is reported to have been arrested in Ho Chi Minh City. The post Vietnamese Publishing House Co-Founder Arrested Ahead of Frankfurt Appearance appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-07 14:25:31 UTC ]
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3 Ways to Start a Two-Person Book Club with a Friend

One Rioter describes three different types of two-person book clubs that have helped her make and maintain long-lasting literary friendships. Continue reading at Book Riot

[ Book Riot | 2020-10-06 10:35:00 UTC ]
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Fane becomes independent as founder reacquires majority stake

Literary events production company Fane has become independent, after its founder Alex Fane sealed a reaquisition of the 80% majority stake from Original Talent.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 22:09:50 UTC ]
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Network to make children's publishing less London-centric, say CBN founders

The founders of Children's Book North have advised industry staffers in the north to network as they look to reduce publishing's London focus.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-30 20:38:57 UTC ]
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